Economy
Written: 2016-07-06 19:21:13 / Updated: 2016-07-07 09:03:31
South Korean shares tumbled on Wednesday on renewed fears over Britain’s decision to leave the European Union.
The benchmark Korea Composite ...
Economy
Written: 2016-07-06 17:36:01 / Updated: 2016-07-06 18:12:45
Owners of luxury and foreign cars will likely pay up to 15 percent higher insurance premiums starting next month.
The Financial Supervisory ...
Economy
Written: 2016-07-06 17:13:15 / Updated: 2016-07-06 18:13:17
Sales of foreign vehicles in South Korea slightly decreased last month despite the government’s cut in excise taxes on cars.
The Korea Automobile ...
Economy
Written: 2016-07-06 15:37:09 / Updated: 2016-07-06 15:44:42
The number of South Koreans who have more than one billion won, or about 860-thousand U.S. dollars, in financial assets reached 211-thousand last ...
Economy
Written: 2016-07-06 15:31:32 / Updated: 2016-07-06 19:41:19
The benchmark Korea Composite Stock Price Index(KOSPI) was drastically lower at the close on Wednesday mostly due to foreign selling that was sparked ...
Economy
Written: 2016-07-06 14:11:36 / Updated: 2016-07-06 14:17:26
In an effort to tackle fine dust problems, the government will close down ten aged coal-fired power plants upon the expiration of their operational ...
Economy
Written: 2016-07-06 13:38:34 / Updated: 2016-07-06 16:09:49
The Korea Development Institute(KDI) says recent upticks in consumption and construction investment are not strong enough indicators to conclude ...
Economy
Written: 2016-07-06 13:20:47 / Updated: 2016-07-06 16:57:32
Finance Minister Yoo Il-ho has promised to take active fiscal measures if external risks are realized.
The minister made the remarks in a ...
Economy
Written: 2016-07-05 15:53:39 / Updated: 2016-07-05 16:12:40
After recording six straight sessions of gains, the benchmark Korea Composite Stock Price Index(KOSPI) closed lower on Tuesday due to institutional ...
Economy
Written: 2016-07-05 14:11:53 / Updated: 2016-07-05 14:47:48
The Korea Economic Research Institute(KERI) has assessed that Chinese companies have already outperformed their South Korean counterparts ...